Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
IRS 1099-B Form Needed or NOT?
>
Reply to Thread
Message:
<p>[QUOTE="coin0709, post: 7848908, member: 37995"]Hi,</p><p>I am a licensed dealer who has an opportunity to buy ~$3000 FV in 90% silver US coins. The seller wants to receive cash. Am I legally obligated to file a 1099-B if I pay cash, if I pay via check, or no matter how I pay? I'd really appreciate replies from those that truly know the answer and ideally can share a current website for reference. I've been to all the bullion-house sites which clearly say one is needed, but they do not deal in cash. Thank you in advance.[/QUOTE]</p><p><br /></p>
[QUOTE="coin0709, post: 7848908, member: 37995"]Hi, I am a licensed dealer who has an opportunity to buy ~$3000 FV in 90% silver US coins. The seller wants to receive cash. Am I legally obligated to file a 1099-B if I pay cash, if I pay via check, or no matter how I pay? I'd really appreciate replies from those that truly know the answer and ideally can share a current website for reference. I've been to all the bullion-house sites which clearly say one is needed, but they do not deal in cash. Thank you in advance.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
IRS 1099-B Form Needed or NOT?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...